2622 Craig Rd | Eau Claire, WI 54701
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- LoopNet Team
2622 Craig Rd
Eau Claire, WI 54701
REO Sale | Hampton Inn Eau Claire · Hospitality Property For Sale · 43,156 SF
Investment Highlights
- Adjacent to University of Wisconsin Eau Claire: Ideally located approximately 1/2 mile from the University of Wisconsin-Eau Claire (±10,000 students)
- new owner of the Property will benefit from notable capital investment completed in recent years - $4M ($38,000/key) was injected into the Property
- Clean Investment Opportunity With Maximum Flexibility: offered free & clear of the existing management contract, unencumbered of debt
- Nestled between US-12 and WI-37 with proximity to the I-94 interchange, the Hotel is positioned to benefit from the region’s largest industries
- Industry Leading Distribution Platform: the Hampton Inn brand represents one of the top select-service flags in the industry.
- New owner’s all-in basis will be inside replacement cost, riving significant cash-on-cash returns and yielding attractive net proceeds upon exit.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1991/2018 |
| Building Class | B | Parking Ratio | 2.43/1,000 SF |
| Lot Size | 2.17 AC | Corridor | Interior |
| Building Size | 43,156 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.17 AC |
| Building Size | 43,156 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1991/2018 |
| Parking Ratio | 2.43/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Digital key
PROPERTY TAXES
| Parcel Number | 15-1064-I | Improvements Assessment | $4,932,100 |
| Land Assessment | $685,900 | Total Assessment | $5,618,000 |
PROPERTY TAXES
Parcel Number
15-1064-I
Land Assessment
$685,900
Improvements Assessment
$4,932,100
Total Assessment
$5,618,000
zoning
| Zoning Code | C3P (General Business District) |
| C3P (General Business District) |
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